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Frequently Asked Questions
Frequently Asked Questions
1. Why would a broker use a wholesale insurance intermediary like Genmark?
2. How fast can a broker expect a response for a quote request?
3. How does a broker bind a new or renewal policy?
4. Can Genmark do stand alone liability?
5. How do I report a claim?
6. What provinces does Genmark underwrite insurance in?
7. What type of Markets does Genmark use?
8. What types of Insurance does Genmark write?
1. Why would a broker use a wholesale insurance intermediary like Genmark?
A broker would use a company like Genmark because he does not have the facility to place a risk for his insured with his regular market.
2. How fast can a broker expect a response for a quote request?
Quotes are handled by our experienced staff as soon as they are received, providing all the necessary information is supplied by the broker.
3. How does a broker bind a new or renewal policy?
Simply send by fax 416-482-9800 or 1-888-638-8822; or e-mail to the acting underwriter. Please refer to the Genmark Company Directory.
4. Can Genmark do stand alone liability?
Yes we can, please contact us at 416-482-2089 or 1-800-268-8929; or e-mail to
insureit@genmarkinsurance.com
5. How do I report a claim?
Complete the loss notice form
including all information related to the claim (such as date, details and contact persons name and phone number). Fax to 416-482-9800 or 1-888-638-8822; or e-mail to
insureit@genmarkinsurance.com
6. What provinces does Genmark underwrite insurance in?
Genmark underwrites insurance in Ontario, New Brunswick, Nova Scotia and Newfoundland.
7. What type of Markets does Genmark use?
Genmark only uses licensed insurance companies that are licensed in Canada both domestic and international.
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8. What types of Insurance does Genmark write?
Builders risk - Residential
Residential - All types... substandard homeowners insurance
Rental Property
Boarding/Rooming House/Students House
Seasonal/Cottage
Motels
Vacant Property
Commercial/Residential Property
Commercial Retails
Clothing Stores
Convenience Stores/Variety Stores
Small Grocery Stores
Liability Risks
Roofing Contractors
Small Contractors
Roofer, Carpenter, Excavation, Plumber/Welder
Carpenter
Excavation
Plumber/Welder
Landscaper
Electrician, Heating/ Ventilation/ Insulation
US Sales
Other classes of liability offered, please contact us.
Hospitality Risks
Adult Entertainment
Night Clubs/Private Clubs
Taverns, Bars, Lounges
Hotels
Legions
Billiard Halls, licensed and unlicensed
Dining Theaters
Licensed - Restaurants
Cafés
Fine dining
Family restaurants
Unlicensed - Restaurants
Cafés
Coffee/Donut Shops
Bakery/Pastry Shops
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1670 Bayview Ave., Ste.500, Toronto, Ontario M4G 3C2
Telephone: 416-482-2089 or 1-800-268-8929 Fax: 416-482-9800 or 1-888-638-8822